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Fujian Acetron New Materials Co (SZSE:300706) COGS-to-Revenue : 0.93 (As of Mar. 2024)


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What is Fujian Acetron New Materials Co COGS-to-Revenue?

Fujian Acetron New Materials Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥249 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥269 Mil.

Fujian Acetron New Materials Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.93.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Fujian Acetron New Materials Co's Gross Margin % for the three months ended in Mar. 2024 was 7.32%.

Fujian Acetron New Materials Co COGS-to-Revenue Historical Data

The historical data trend for Fujian Acetron New Materials Co's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fujian Acetron New Materials Co COGS-to-Revenue Chart

Fujian Acetron New Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.79 0.82 0.86 0.88

Fujian Acetron New Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.86 0.91 0.88 0.93

Fujian Acetron New Materials Co COGS-to-Revenue Calculation

Fujian Acetron New Materials Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=846.495 / 957.927
=0.88

Fujian Acetron New Materials Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=249.096 / 268.778
=0.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fujian Acetron New Materials Co  (SZSE:300706) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Fujian Acetron New Materials Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 249.096 / 268.778
=7.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Fujian Acetron New Materials Co COGS-to-Revenue Related Terms

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Fujian Acetron New Materials Co (SZSE:300706) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Fujian Acetron New Materials Co Ltd (SZSE:300706) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:002971 SHSE:600135 SHSE:600367 SZSE:300121 SHSE:688179 SHSE:600636 SZSE:301092 SHSE:603276 SZSE:300829 SZSE:002584 SAU:2010 TSE:4063 XTER:BAS DOW XKRX:051910 SZSE:002493 SHSE:600989 XKRX:086520 CE XKLS:5183
Traded in Other Exchanges
N/A
Address
Hangcheng Street, No.169, Taipingli, Qinjiang Village, Fujian Province, Changle, CHN, 350200
Website
http://www.acetron.com.cn
Fujian Acetron New Materials Co Ltd is engaged in research and development, production and sale of coating materials. The company mainly produces vacuum evaporation and sputter coating materials for optics, semiconductors, flat-panel displays and surface decoration. Its products are widely used in flat panel display, optical components, energy-saving glass and other fields. The company's products are distributed all over the world and are primarily exported to the developed countries such as Japan, the United States, Germany and Korea.
Executives
Chen Zheng Wei Director
Chen Qin Zhong Directors, executives
Chen Ben Song Directors, executives

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